PPI Forecast is positive, Beyond TA looks like a Sell-off for USD aswell. Fake Breakouts could appear, dumb Buyers are still in.
Wait for Structure Break + Volume!
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Wait for bullish Confirmations & Volume. If no Volume appear, wait!
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Comes with Volume and beyond TA Catalysators. Could be a Sureshot. Yea.. enjoy!
Bullish confirmed Pullback at 1.70 or 1.60
Not that much beyond TA, but the Pullback is very likely.
Aim for Structure Breaks to get a Entry... Smart Money is heavily Short since last Week... Almost a Sureshot
Rejection, Sideways before Break. Not a Sure Shot, observe Volume.
Breakout does not happen, its a Sell from Banks and everything else. I observe Volume to get a Short Entry
Fundamental Short / Range - Technically still up - Waiting for Breakdowns + Volume!
UC is a 4 out of 5 Short, just wait for technical Signals and Volume...
Go with the Commercials ... Watch out for Price Action within the Green Areas
Strong Bearish Banks this Week, Price was still up - That means Buyers in the Market or Range Market before the Break to the Downside.
News Related Buy Recommendation...
STRONG SMART MONEY CONFIRMATION - WAIT FOR TECHNICALS FOR SHORT ENTRY
PREPARE FOR A FOR LONG ENTRY AFTER VOLUME CONFIRMATION - TP AT THE EXPIRIES
Early February's daily chart is painting a moderately bullish picture. 200m, Banks bearish - Vaccine progress & UK GDP provide the Direction